A hacker who gambled $3 million that a decentralized finance (DeFi) protocol was exploitable hit the jackpot over the weekend, coming away with a tidy...
How do you steal $625 million? In the case of the Ronin Network, a cross-chain bridge that lets people make payments on one blockchain using...
The PYMNTS crypto crime series looks at the capers that have not only been committed in the cryptocurrency industry but have defined it — and...
There are few segments of the cryptocurrency industry that get as much focus from policymakers as stablecoins. Ever since Meta panicked elected officials, central bankers...
The Securities and Exchange Commission (SEC) is making a “shadow attack” that is designed to kill decentralized finance, according to several prominent attorneys in the...
Warning that the risks decentralized finance (DeFi) pose are quickly evolving as the crypto-based markets grow to the point where they are “cloning” mainstream financial...
Even without the urgency of cryptocurrency-enabled Russian sanctions violations, bringing know your customer (KYC) identity verification to decentralized finance (DeFi) was always a matter of...
Decentralized finance is a growing threat to economic stability that must be reined in and regulated by international cooperation. That’s the message that Federal Reserve...
Welcome to PYMNTS’ series on decentralized finance, or DeFi. In these articles, we’ll be looking at every part of DeFi — the biggest, hottest, most...